UK house price growth slowed ahead of Budget

UK Budget: What to Know Before Labour’s Announcement

The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.

Top stories - The New York Times - October 28

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - October 30

Extra £1.7bn for Welsh government in UK Budget

The chancellor also announces cash for coal tip safety and green hydrogen projects in Wales.

UK Autumn Budget 2024: the chancellor’s speech in full

Rachel Reeves’ statement to the House of Commons

World - Financial Times - October 30

UK Labour’s Budget borrows big, taxes more

Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowing

World - Financial Times - October 31

Investors' reaction to Budget 'very different' to Truss, says Reeves's deputy

Treasury secretary speaks out to reassure the markets after a rise in the cost of government borrowing.

£500mn and counting: companies reckon with UK Budget costs

Sainsbury’s, BT and Wetherspoons among those warning that changes may force price rises for customers

World - Financial Times - November 7

US economic growth slows, as Germany avoids recession and France gets Olympics boost – business live

Eurozone GDP grew by 0.4% in the last quarter, faster than expected, as Germany’s economy avoids second contraction in a row. Autumn budget live: major tax rises expected as Rachel Reeves ...

World - The Guardian - October 30

House prices at record high, says Halifax

Despite the increase, the lender warns mortgage costs could remain "higher for longer" following the Budget.

Sainsbury's and M&S warn Budget may push up prices

A number of major firms have warned over the impact of higher National Insurance costs.

JD Sports prices will rise due to Budget, warns boss

Chancellor Rachel Reeves has said firms will have to absorb higher taxes through their profits.

Starmer attempts to define 'working people' tax pledge ahead of Budget

The prime minister is under pressure to set out who he is excluding from possible tax increases.

Rachel Reeves aims to raise up to £20bn from national insurance rise

Employers’ contributions set to increase by 2 percentage points in next week’s Budget

Business - Financial Times - October 26

Lib Dems lean to the right on tax proposals ahead of Budget

Party opposes expected government moves on stamp duty and private schools that would hit many of its wealthier voters

World - Financial Times - October 29

Treasury should have told us about overspend by law, says OBR

Richard Hughes, chair of the Office for Budget Responsibility, says officials have questions to answer as to why details of an overspend were not shared.

UK economy surprises with September contraction, grows just 0.1% in the third quarter

The U.K. economy showed a surprise contraction in September and only marginal growth in the third quarter, initial figures showed Friday.

Business - CNBC - November 15

UK merger regulator to explore deal remedies after anti-growth criticism

CMA chief says agency is very aware that boosting the economy is an important part of its mandate

World - Financial Times - 3 days ago

UK renters hit by housing supply squeeze

Number of new properties coming to market is weakest since 2021, driving rent rises, Rics survey finds

World - Financial Times - November 14

Reeves hints UK will urge Trump not to raise tariffs as economists fear his policies will cut growth – UK politics live

Chancellor says UK’s trading relationship with US is ‘absolutely crucial’ and promises not to be a ‘passive actor’. Another Labour politician who has criticised Donald Trump strongly in the past ...

World - The Guardian - November 6

‘The storm before the storm’: UK lawyers race to deal with deluge of Budget enquiries

Proposed changes to inheritance and capital gains taxes have led to frenzy of client activity

World - Financial Times - October 28

Keir Starmer warns the UK budget this week will reflect 'harsh' economic reality

British Prime Minister Keir Starmer says fixing Britain’s troubled economy will be a long haul in a “harsh” fiscal environment

World - ABC News - October 28

FirstFT: Harris calls on America to ‘turn the page’ on Trump

Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results